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Many American and Chinese technology companies are focusing on leading the artificial intelligence scene to maintain their global position in this vital sector.
According to a new research paper prepared by the Interregional Center for Strategic Analyzes in Abu Dhabi, global companies are moving to developing chips and computers and integrating chatbots into their services.
The report explained that there is intense competition between Google, Microsoft, Apple, Meta, Amazon, Alphabet and others to develop new business paths for their activities in artificial intelligence.
The report explained that technology companies’ interest in artificial intelligence applications is linked to a number of main motivators, the most prominent of which is the presence of countless products in which artificial intelligence can be employed, which explains the huge investments made by major technology companies in this field.
The investments of major international companies in artificial intelligence are linked to consolidating their technological reputation and obtaining precedence in the field, in addition to their fear of being exposed to financial losses due to the decline of their innovation machine and thus their great financial loss.
